The Benefits of a Data-Driven Supply Chain

Articles

The Benefits of a Data-Driven Supply Chain

The Benefits of a Data-Driven Supply Chain

Articles

The Benefits of a Data-Driven Supply Chain

Articles

The Benefits of a Data-Driven Supply Chain

The Benefits of a Data-Driven Supply Chain

Keep up-to-date with the latest supply chain insights.

Thanks for signing up!

For successful businesses, a data-driven supply chain not only means gathering a mountain of information but also achieving a 365-degree view of it.

And with the level of precision and detail available through data collection sources such as IoT devices, those views can be incredibly detailed and rewarding.

In this article, we will discuss what today's data-driven supply chain entails, as well as the benefits of a data-driven supply chain strategy for thriving in the Big Data business world. 

What is a Data-Driven Supply Chain?

A 'data-driven supply chain' is supply chain quality management based on the collection and analysis of product information from every important point of production.

Data such as quality control (QC) inspection results, manufacturing speed, and even delivery efficiency can all be gathered at their corresponding production points.  Then, with the help of machine-based analytics, these large chunks of data can provide companies with a clear picture of their supply chain's current performance.

Here is where companies can pinpoint specific areas along their supply chain that are in need of quality, compliance, and efficiency improvement. 

Additionally, predictions about future growth potential and trends in product demand can be determined, for instance, through subtle changes in inventory movement over time. 

Finally, a data-driven supply chain management system can also help companies determine the 'cost of quality,' meaning the increased cost of reworking or rebuilding products based on quality and compliance failures discovered, either internally by QC inspectors, or worse, externally by customers or regulators.  

When successfully implemented, a data-driven supply chain management system allows managers and operators at every level of production to work together, proactively and with confidence, to address all manner of sourcing, manufacturing, and delivery problems.

A confident and proactive supply chain, backed by powerful data-driven analysis, is your company's best bet for increasing sales, boosting profit margins, and garnering customer retention and brand loyalty.

How has technology responded to the demand for versatile forms of collection to feed data-driven supply chains?  

How Can a Data-Driven Supply Chain Strategy Increase Your Competitive Edge?

Over the past decade, successful companies have proven that applying Big Data collection and analysis to their marketing and sales strategies truly works.

Therefore, it is no surprise that the same methods are increasingly being applied to supply chain management.

Implementing a data-driven strategy to production is the most important first step to greater supply chain visibility. And with visibility comes the ability to:

  • Predict and prevent problems before they become costly disasters
  • Adjust to changes in supply chain conditions, such as unforeseen delivery obstacles
  • Maintain an agile inventory for sudden shifts in customer demand
  • Identify new opportunities for smarter and more efficient production processes

Of course, all successful strategies must be able to unify everybody in the process. In this case, cloud-based data sharing and communication platforms are now available to help multi-tiered companies collaborate and turn Big Data into their competitive advantage. 

Learn how Ariat reduced their
poor quality costs!

Learn now!

Learn how Ariat reduced their
poor quality costs!

Learn now!

How Can QIMAone Help?

Since many moving parts make up a modern supply chain, informed, proactive measures may be the only viable way to compete in our globalized, e-commerce landscape.

That is why QIMAone has applied over 15 years of testing, inspection, and certification (TIC) service experience to the creation of an end-to-end quality and compliance software for proactive supply chain management.

Our aim is to help you gain transformative insight into the performance of your suppliers, manufacturers, warehouses, and shipping operations, so you can clearly navigate your course to prosperity.

We provide tools for complete supply chain mapping--and the loads of data collected from farms, factories, and warehouses, as well as en route, are automatically organized by location and processed through your specifically-designed analytic programs.

Additionally, QIMAone software makes communication and collaboration between managers and in-house inspectors intuitive and rewarding.

Intuitive because customizable workflows and automated inspection assignments allow managers to specify exactly the kind of testing they require, when they are needed, and by which inspector.

Rewarding because, when managers can monitor on-going inspections and communicate with hands-on inspectors, they can make proactive decisions to help reduce the cost of reworking, as well as drive innovation.

QIMAone knows that the Time is Now for driving quality improvements through effective data-driven supply chain management. When it comes to leveraging Big Data, our software speaks volumes.

Learn more about QIMAone applications by scheduling a demo today.

Related articles

digital , supply chain

Understanding Supply Chain Risk Management: Software & More
Understanding Supply Chain Risk Management Software & More

Supply chain risk management (software or inspections) can protect you from the unexpected. But how can you implement these practices into your chain?

Benefits of Digital Inspection Management Software
Going Digital With Inspection Management Software

How can inspection management software improve your business? Keep reading to find out the benefits of inspection management software.

how to Implement a Quality Management System
How to Implement a Quality Management System

Knowing how to implement a quality management system is just as important as the software you choose. Find out more about QMS implementation here.

Powerful Benefits of Supply Chain Collaboration
Powerful Benefits of Supply Chain Collaboration

Are you wondering what the benefits of supply chain collaboration are? Continue reading to learn 4 powerful benefits your business could experience.

Barometer QIMA Q3 2020 about Asia’s Manufacturing Powerhouses Rallying Despite Ongoing COVID-19 Disruptions
QIMAone Barometer Q3 2020

Barometer QIMA Q3 2020 about Asia’s Manufacturing Powerhouses Rallying Despite Ongoing COVID-19 Disruptions

Boost Quality Control with Supplier Performance Metrics
Boost Quality Control with Supplier Performance Metrics

Supplier performance metrics help you boost efficiency in your supply chain. Discover how they help you improve quality control and grow your bottom line.

4 Benefits of Supply Chain Transparency
4 Important Benefits of Supply Chain Transparency

Important benefits of supply chain transparency are possible through better supply chain visibility. Find out more about how to achieve transparency here.

Barometer QIMA Q1 2021 - Global Trade Covid Disruption Reveals Changes in Consumption Habits and Rampant Ethical Risks, as China Sourcing Beats the Odds
QIMA Barometer Q1 2021

Barometer QIMA Q1 2021 - Global Trade Covid Disruption Reveals Changes in Consumption Habits and Rampant Ethical Risks, as China Sourcing Beats the Odds

Why Your Supply Chain Needs a Quality Control Checklist App

Looking for a better way to minimize defective products in your supply chain? Check out how a quality control checklist app can make your quality checks simpler.

Supply chain efficiency metrics should not be seen as a load of equations piled onto an already sizable amount of data
Supply Chain Efficiency Metrics and Software

Supply chain efficiency metrics provide businesses with answers to their performance questions. Learn more about the variety of metrics that drive success.

Online Quality Management System Software: Simplify Quality Control

Online quality management system software helps you manage quality control data more effectively. Discover how you can streamline and optimize your processes.

QIMAone is a supply chain collaboration software
Why You Need Supply Chain Collaboration Software Right Now

Does your business need a supply chain collaboration software? Check out how the benefits could affect your business, success, and reputation.

The Importance of Quality Assurance for Supply Chain Success

Supply chain success begins with the Quality Assurance process. Find out more about the role of QA in fulfilling complete customer satisfaction.

Why is a modern quality control management software vital for your business?
Why a modern quality control management software is vital for your business?

In this article, we will explore the importance of a seamless quality management system (QMS) to help you take control of your quality control operations and build an effective, safe and ethical supply chain.

Importance of Total Quality Management

The importance of a Total Quality Management System is found in it's sustainable delivery of quality products to customers. Find out more about TQM here.

QC manager inspecting goods using QIMAone
Establishing Quality Improvement Practices in Supply Chain

Establishing good quality management improvement practices should be preemptive, well-planned, and continuous.

Supplier Quality Management Software (SQMS) is necessary for strengthening supply chains.
What is a Supplier Quality Management Software?

In this article, we'll address what makes Supplier Quality Management Software (SQMS) necessary for strengthening supply chains.

Discover how QIMA partners with Google Cloud to create QIMAone!

Curious to learn the why's and how's behind QIMA's partnership with Google? Read this article to uncover the real reasons behind the QIMA x Google Cloud partnership.

supply chain disruption
4 Tips to Safeguard Your Supply Chain from Disruptions

Wondering how to navigate your supply chain through unexpected supply chain disruptions? In this article you will learn to safeguard your business from unforeseeable sourcing disruptions.

Avoid collection poor quality data!
The Impact of Poor Quality Data across your supply chain

Successful supply chain managers leverage data to make smarter and accurate decisions! In this article, you will learn the impact of collecting poor quality data across your supply chain.

Digitizing traditional quality control using a QMS
Manual quality control is dangerous for margins

Global supply chains are still facing rising costs and logistics disruptions. In a globalized world, there is an urgent need to review the traditional way companies monitor their quality of their goods! Head to this article to

Cost and time spent managing QC across your supply chain
Managing supply chain quality without digital solutions will cost you more than you think

In this article, we will explore the true cost of not implementing a quality management software across your supply chain! Understand the true meaning of digitizing your quality control operations!

Detect garment defects and resolve them using these 6 strategies
Your 6-step action plan to tackle major garment defects

Quality control and supply chain managers face many challenges throughout their day, and it can sometimes be difficult to choose which should take priority. Our experts have assembled the following 6 step checklist to help QA experts manage their priorities!

Discover how QIMAone can help with your business.

Get a live demo to find out how QIMAone can help your business